P.M. BRIEFING : Taiwan Trying to Curb Imports
Taiwan will attempt to curb imports from Japan in order to reduce the widening trade gap between the two sides, government officials said today.
The government will ask local public and private enterprise to switch their purchases away from Japan to the United States and Europe, the officials said.
Taiwan will also impose strict inspection procedures on Japanese goods and will ask Japanese trading firms to ship more Taiwan products back to their home market.
“We have repeatedly asked Japan to reduce its trade surpluses in the past several years. But they have ignored our requests,” Vice Economic Minister Chiang Pin-kung told reporters.
Taiwan’s official figures show its trade deficit with Japan rose almost 16% from a year earlier to $3.7 billion in the first half of 1990.
Start your day right
Sign up for Essential California for news, features and recommendations from the L.A. Times and beyond in your inbox six days a week.
You may occasionally receive promotional content from the Los Angeles Times.
